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For example, assume that one were to test 1,000 null hypotheses, all of which are true, and (as is conventional in single hypothesis testing) to reject null hypotheses with a significance level of 0.05; due to random chance, one would expect 5% of the results to appear significant (P < 0.05), yielding 50 false positives (rejections of the null ...
If the mass of an object is estimated as 3.78 ± 0.07 kg, so the actual mass is probably somewhere in the range 3.71 to 3.85 kg, and it is desired to report it with a single number, then 3.8 kg is the best number to report since its implied uncertainty ± 0.05 kg gives a mass range of 3.75 to 3.85 kg, which is close to the measurement range.
In industrial instrumentation, accuracy is the measurement tolerance, or transmission of the instrument and defines the limits of the errors made when the instrument is used in normal operating conditions. [7] Ideally a measurement device is both accurate and precise, with measurements all close to and tightly clustered around the true value.
At a significance level of 0.05, a fair coin would be expected to (incorrectly) reject the null hypothesis (that it is fair) in 1 out of 20 tests on average. The p -value does not provide the probability that either the null hypothesis or its opposite is correct (a common source of confusion).
In metrology, measurement uncertainty is the expression of the statistical dispersion of the values attributed to a quantity measured on an interval or ratio scale.. All measurements are subject to uncertainty and a measurement result is complete only when it is accompanied by a statement of the associated uncertainty, such as the standard deviation.
The test statistic is approximately F-distributed with and degrees of freedom, and hence is the significance of the outcome of tested against (;,) where is a quantile of the F-distribution, with and degrees of freedom, and is the chosen level of significance (usually 0.05 or 0.01).
More precisely, a study's defined significance level, denoted by , is the probability of the study rejecting the null hypothesis, given that the null hypothesis is true; [4] and the p-value of a result, , is the probability of obtaining a result at least as extreme, given that the null hypothesis is true. [5]